Nine Mile Metals Ltd. announces the terms of a new flow-through and non-flow-through private placement. The FT private placement will consist of the sale of up to 4,545,454 FT Units at $0.11 each, for gross proceeds of up to $500,000. Each FT Unit will be comprised of one common share, issued on a flow-through basis and one-half Common Share [...]
Nine Mile Metals Ltd. is pleased to announce that it has entered into a consulting services agreement dated April 5, 2024 with Kindred Communications Inc. to support Nine Mile's investor relations activities. The Consulting Agreement will have an initial three month term, starting on the day of this announcement, following which the parties will [...]
Nine Mile Metals Ltd. is pleased to announce it has received certified assays for drill hole WD-24-01 at the Wedge Mine Project, situated in the renowned Bathurst Mining Camp in New Brunswick. WD-24-01 HIGHLIGHTS: Drill hole WD-24-01 was collared on the southern flank of the Wedge Mine deposit within the footwall sediments and drilled at an azimuth [...]
Nine Mile Metals is pleased to announce it has received certified assays for drill hole WD-24-02 at the Wedge Mine situated in the renowned Bathurst Mining Camp. WD-24-02 HIGHLIGHTS: Drill hole WD-24-02 confirms the presence of a new, larger mineralized system at the Wedge VMS Project, intersecting three mineralized zones spanning from 36.74m to [...]
Nine Mile Metals is pleased to announce it has drilled a mineralized zone covering 76.10 m in WD-24-04 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp. WD-24-04 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit approximately 40 meters east of WD-24-02 and at an [...]
Nine Mile Metals Ltd. is pleased to announce it has drilled a mineralized zone covering 134.0m in WD-24-02 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp, New Brunswick . WD-24-02 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit and drilled at an azimuth of 160 [...]
Nine Mile Metals Ltd. announces that it has completed a private placement financing for cash proceeds of $175,238 and debt forgiveness of $20,000 . The Company issued 3,253,968 units at a price of $0.06 each. Each unit consists of one common share and one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common [...]
Nine Mile Metals Ltd. is pleased to announce a segment of XRF results from Hole WD-24-01, marking a significant milestone in its inaugural Phase 1 drill program on the Wedge VMS Project located within the renowned Bathurst Mining Camp in New Brunswick . Highlights: Drill hole WD-24-01 was initiated in the footwall sediments situated on the south [...]
Nine Mile Metals Ltd. discloses that it will amend the proposed private placement that it announced in the Company's news release on February 8, 2024 , . The Private Placement will now consist of the sale of up to 4,166,666 units at a price of $0.06 per Unit. Each Unit will be comprised of one common share and one Common Share purchase warrant [...]
Nine Mile Metals Ltd. announces that it has made payments under its option to Purchase 100% of Wedge Project, dated February 9, 2023, with SLAM Exploration Ltd. . The Option and payments were previously announced on February 16, 2023. The Company has issued 200,000 common shares at a deemed price of $0.08 per share, in accordance with the Option [...]
Nine Mile Metals Ltd. announces its intention to complete a private placement for proceeds of up to $500,000 . The Private Placement will consist of the sale of up to 8,333,333 units at a price of $0.06 per Unit. Each Unit will be comprised of one common share and one Common Share purchase warrant , with each Warrant entitling the holder thereof to [...]
Nine Mile Metals Ltd. issues a correction to its press release originally issued on Friday, January 26, 2024, announcing the activation of the Wedge Project drill program and providing an update on the California Lake Drill Target #10. The original press release stated that drilling at the California Lake Target #10 stopped on December 17th, 2023 [...]